Farmers Insurance

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Town Decimated by Fire Has New Obstacle to Rebuild

Homeowners in California town of Paradise find home insurance premiums have skyrocketed

(Newser) - The soaring cost of home insurance has consumed the California town of Paradise, residents and officials say, just after the five-year anniversary of the Nov. 8, 2018, Camp Fire, the deadliest wildfire in California history. Residents have received annual premiums that are near or exceed $10,000—leaving many to...

Yet Another Insurer Ditches the Sunshine State

Farmers is dropping home, auto, and umbrella policies in Florida, citing 'risk exposure'

(Newser) - More homeowners in Florida received some bad news this week, with yet another insurance company pulling out of the state due to too much possible liability. The Miami Herald reports that Farmers Insurance will no longer be offering home, auto, or umbrella policies in the Sunshine State, the fourth carrier...

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